HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Missouri (Group) » this election is about &q...

Tue Sep 11, 2012, 01:48 AM

this election is about "saving our country"

according to the latest Akin ad.

I happen to agree with that, but what our country really needs to be saved from is liars like Todd Akin.

Akin says that McCaskill voted for "Obama's budget busting stimulus".

Akin must know that the stimulus was hardly budget busting. Most of the deficit, other than the parts that came from the Bush tax cuts and the Bush wars and the Bush medicare prescription drug plan, came from the Bush recession, which the stimulus helped to end http://www.democraticunderground.com/1002908833

Also, Akin voted FOR the Camp amendment to replace the stimulus spending with tax cuts. Something that would have busted the budget just as much (or as little) as the Obama stimulus, and it would have been less effective as a stimulus http://www.cbpp.org/cms/index.cfm?fa=view&id=2354

"Economists generally agree that a tax cut designed like the proposal to lower the bottom two rates, which misses many lower-income households and gives its biggest benefits to upper-income households, is not very effective at stimulating the economy.

As the Congressional Research Service (CRS) has stated, income tax cuts directed at lower income individuals will likely have a larger effect than cuts directed at higher income individuals, other things equal. This distributional effect suggests that the most effective tax cut would be a rebate which is not only a flat amount but specifically directed at lower income individuals (who did not have tax liability). The GOP tax cut achieves the opposite of the CRS recommendation.

Similarly, the Congressional Budget Office has commented that reductions in income tax rates have the disadvantage of placing much more of the tax reduction in the hands of upper-income taxpayers, who, although they have a much larger tax liability, are less likely to spend the additional money.

Akin surely knows that, or should, but he lies to the public anyway.

Akin also says that McCaskill voted to raise taxes. I am not sure what vote he is talking about. That may even be true, but Akin himself also voted to raise taxes. When he voted for HR 4853, he voted to raise taxes on the poorest 20% by about $3 billion as noted on page 3 here http://www.ctj.org/pdf/taxcompromise2010.pdf

That was a tax "compromise" that Obama agreed to Republican demands to continue "budget busting" tax cuts for the rich. One which gave $108 billion in tax cuts to the richest 1% even while increasing taxes on the poorest 1%.

So, yeah, this election IS about saving our country. Saving it from people like Todd Akin who would give it lock, stock and barrel to the richest 1%.

2 replies, 1033 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply this election is about "saving our country" (Original post)
hfojvt Sep 2012 OP
lastlib Sep 2012 #1
xmas74 Sep 2012 #2

Response to hfojvt (Original post)

Tue Sep 11, 2012, 04:09 PM

1. Your last sentence nails it!! Saving it from the Todd Akins,....

...the Eric Cantors, Paul Ryans, Allen Wests, Michelle Bachmanns, Mitt Romneys, Scott Walkers, Koch brothers, Sheldon Adelsons, Donald Trumps ad infinitum, ad nauseum....

Saving our country from the neocons like Rumsfeld and Wolfowit-less and Perle and Cheney and Rice; and from the (mostly) men who think they know what's better for women's health than the women themselves. From the Huckabees and others who think rape is a sacrament, and that pregnancy from rape is a gift. WE HAVE TO WIN!! NO MATTER WHAT IT TAKES!! WE HAVE TO BURY THESE MORONS!!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to hfojvt (Original post)

Sun Sep 16, 2012, 12:56 AM

2. I guess I should pay attention to his commercials

but I tend to tune them out.

BTW-I finally found a town that seemed to be proud of its Akin signs. They are all over the streets of Holden, MO. I also saw more than a fair share through Concordia and into Waverly today. Lafayette County seems to like him.

No one else seems to like the man but they do.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread